The latest episode of Living With Money dropped yesterday! I talked with Dennis O’Connor of NJLTC about their firm, and the ins and outs of both disability insurance and long term care. We talked about who is right and wrong for each, and how much you REALLY need versus what other people might tell you. … [Read More] Tim’s Top Links – 3/9/18
What are the odds that you’ll win the lottery, be in an automobile accident, make market beating investments, or get a divorce? We’re all capable of making educated guesses regarding the probability of these events, but how likely would we be to update our predictions if presented with the actual base rate odds? According to… [Read More] Fooled by Optimism
Two back-to-back nor’easters here in New Jersey over the last week. It’s safe to say I am absolutely ready for warmer weather, and some sunshine. Hopefully if you’re in the path of this storm, you stay safe, warm, and dry. Here’s what I’ve been reading this morning: ‘Short-Term Outperformance vs. Long-Term Outperformance’ – Ben Carlson… [Read More] Tim’s Top Links – 3/7/18
The CNBC article below states that 42% of Americans “at risk of retiring broke”. I’ve also read over the last few weeks that 1/3 of Americans don’t have enough saved for retirement. Whatever the ACTUAL number is, it is far too high. This is a problem that needs to be addressed, and needs to be… [Read More] Tim’s Top Links – 3/6/18
On Friday, Episode 79 of the Mullooly Asset Show was uploaded. You can find the link to the video below, but in the episode I talked about the month of February and how it reminded all of us that volatility is STILL a thing. Some people might have forgotten that markets go up AND down.… [Read More] Tim’s Top Links – 3/5/18
Is “settlement date” the right time to determine whether you’ve made the right move in your portfolio? After all, one of Wall Street’s oldest sayings is the “best trades are profitable right from the start.” But is two days after the trade (settlement date) the right time to determine that? Maybe we should wait a… [Read More] Is Settlement Date the time to Judge Trades?